Stockchase Opinions

David Burrows SNC-Lavalin Group Inc. ATRL-T TOP PICK Nov 06, 2024

Very strong portfolio of engineering and design and consulting. Plays into infrastructure, energy, and environment. Focus on nuclear will be important, with 15% of revenue coming from there. If Hwy 407 were sold at a good price, would be a catalyst to create value (but he wouldn't buy something just because there might be a deal down the road). Yield is 0.1%.

(Analysts’ price target is $70.31)
$69.020

Stock price when the opinion was issued

contractors
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

PAST TOP PICK
(A Top Pick Dec 18/23, Up 5%)

He's done 2 legs so far. That's how you should approach a stock, not all in all at once. In an uptrend, resistance coming up. Generally, you don't argue with an uptrend.

BUY

Strength in stock price lately. Highly ranked in technical analysis. Owns shares in company, and would recommend buying. Sector out performing with increase in infrastructure spending. 

BUY

Strong performer over the year. Execution should continue. Got rid of legacy contracts. Strong in civil engineering and nuclear. Could see large growth from nuclear especially, if projects continue to be built.

TOP PICK

A lot of action's already happened on this stock. He bought on the breakout, and now there's consolidation. Chart's looking positive, likes the formation, though you may have to live through a bit more consolidation. Yield is 0.1%.

(Analysts’ price target is $66.92)
COMMENT
It is now called Atkinsrealis group.

It is going through a turn around recently and de-leveraging the balance sheets. Nuclear energy reactors is a pretty exciting part of the business. He prefers WSP with its M&A activity and design component.

BUY

He bought it in the 20's. IT is still trading at a reasonable price/growth so it is a good opportunity to buy.

PAST TOP PICK
(A Top Pick Jul 31/24, Down 9%)

Has sold shares. Didn't earn enough returns. Sold at $50. Chart not looking good. 

TOP PICK

They changed their name, improved productivity and cash flow. They trade at a discount to the group. They have a major nuclear plant projects and many engineering projects in China. People are considering nuclear positively again that will benefit ATRL.

(Analysts’ price target is $68.25)
PAST TOP PICK
(A Top Pick Jul 31/24, Up 13%)

It is an uptrend but he recently sold two weeks ago because it was overbought and there may be a pullback. It is fine for the longer term investor.